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HomeContributorsTechnical AnalysisUSD/CAD Key Resistance At 1.3200

USD/CAD Key Resistance At 1.3200

Swissquote Bank SA
By Swissquote Bank SA

Pivot (invalidation): 1.3200

Our preference Short positions below 1.3200 with targets at 1.3125 & 1.3070 in extension.

Alternative scenario Above 1.3200 look for further upside with 1.3240 & 1.3270 as targets.

Comment Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.

Swissquote Bank SA
Swissquote Bank SAhttp://en.swissquote.com/fx
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